A sweet Falling Wedge pattern is here and already broke out. The market currently testing it's resistance and hodling it's support. Targets already given.
A bullish divergence is also there in longer time frame.
Your trade from this point til 5-15% with tight Stop-loss below trend line around 4-5% or up-to your capacity.
Technical analysis:
. SIACOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 49.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There...
Curently sia coin is very undervalued coin.
You can take position into this.
Buy siacoin between 98-103 satoshi.
First Target :- 114
Second Target :- 150
Stoploss :- 88
Long term holders can buy between 98-103
No stoploss will be given for this.
Just hold for 3-4 months.
Currently 20% of my portfolio is holding sia coins.
I am expecting 5-10x profit from this...
